Tikehau Negotiates Minority Stake in MatHolding to Finance Netafim Acquisition

✦ Meridian Analysis

Tikehau Capital is reported by Expansion to be in talks to acquire a minority equity stake in the Catalan‑based industrial group MatHolding. The injection would be used to fund MatHolding’s planned purchase of Israeli drip‑irrigation leader Netafim, a deal that CTech has suggested could be valued at more than $1 billion. The transaction is still at the rumour stage, with no terms disclosed, and AZ Capital is already involved in structuring the debt component that would accompany the equity contribution. What remains undisclosed are the price and valuation multiple for the minority stake, the exact split between equity and debt in the financing package, and the identity of any co‑investors or financial advisers. Observers will also watch for regulatory clearances in the EU and Israel, as well as the timetable for closing the Netafim acquisition once the equity commitment is secured.

The Meridian Weekly